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Feb 18, 2013
02/13
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it is taking a hatchet hatchete budget when the economy is in a fragile state. the president says look back to the negotiations he was having. he says a lot of the proposals are still on the table. let's kick the dan down the road a little farther and avoid the sequestration. >> we had a two month delay. >> that is is the way we govern now in washington. one crisis to another. when you come up against the debt ceiling and the fiscal cliff usually we put it off. but i think this is one that is going to cause tremendous damage and the question is with the congress gone for a week when do they have time to negotiate. >> $85 billion out of a $3.5 trillion budget. >> a small percentage but if it affects you. >> and this is going to hurt the economy? >> if you lose your job i think it hurts you don't you think? >> fundamentally the debt that we have at the moment is the bigger problem for the economy and job creation in the private sector. >> chris: let me binge karl in to talk about the sequester and look at the president's state of the union speech and agenda he lai
it is taking a hatchet hatchete budget when the economy is in a fragile state. the president says look back to the negotiations he was having. he says a lot of the proposals are still on the table. let's kick the dan down the road a little farther and avoid the sequestration. >> we had a two month delay. >> that is is the way we govern now in washington. one crisis to another. when you come up against the debt ceiling and the fiscal cliff usually we put it off. but i think this is...
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Feb 16, 2013
02/13
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KQED
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minimum wage now and what a wage should be in a given market varies across the country a lot based on the economy in that local area. typically you find big companies have more ability to absorb the costs of minimum wage increase and it's the small business lobby that really agitates against it so it's an uphill push. many republicans will argue, all this will do is make jobs more expensive for employers to create and therefore we'll create fewer jobs and we have to resist this. obama thinks this will play well with his political base and i like jeff's point about, a lot of these ideas are not necessarily going to pass, that the president was talking about. so you ask the question, why would a president talk about a lot of things that aren't going to pass, and i think it's to create a patina across his whole presidency that's appealing to a lot of different voters by checking a lot of different boxes and that helps you with the one thing do you need to do and that's they is -- sequester fight coming up on march 1 and the tactical decisions he needs to make are fares he has the public behind him.
minimum wage now and what a wage should be in a given market varies across the country a lot based on the economy in that local area. typically you find big companies have more ability to absorb the costs of minimum wage increase and it's the small business lobby that really agitates against it so it's an uphill push. many republicans will argue, all this will do is make jobs more expensive for employers to create and therefore we'll create fewer jobs and we have to resist this. obama thinks...
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Feb 18, 2013
02/13
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vast majority of whom are honest, hard-working, have contributed and continued to contribute to the economy, to the culture, to this society on a daily basis. many of them, a majority, have u.s.-born children. this is what really it's all about. these people are here to contribute and to remove that aspect, that 800 pound elephant from the discussion i think really is a disservice to people who contribute to the prices that we pay for our vegetables and fruits, to how the economy continues to run in this country. these people are looking for politicians both republicans and democrats, and i spoke to some democrats over the weekend who, quite frankly, are upset at this leak as much as senator rubio seems to say he is because they've been asking the president to keep his powder dry, to let them try to work behind the scenes to get something done with republicans who are in many ways looking, some of them, for any excuse to back out of any immigration reform. this is not helpful, and it's certainly not helpful to the folks that have hopes and dreams and aspirations to those coming out of the s
vast majority of whom are honest, hard-working, have contributed and continued to contribute to the economy, to the culture, to this society on a daily basis. many of them, a majority, have u.s.-born children. this is what really it's all about. these people are here to contribute and to remove that aspect, that 800 pound elephant from the discussion i think really is a disservice to people who contribute to the prices that we pay for our vegetables and fruits, to how the economy continues to...
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Feb 16, 2013
02/13
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MSNBC
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what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ some brokerage firms are. but way too many aren't. why? because selling their funds makes them more money. which makes you wonder -- isn't that a conflict? search "proprietary mutual funds." yikes! then go to e-trade. we've got over 8,000 mutual funds, and not one of them has our name on it. we're in the business of finding the right investments for you. e-trade. less for us. more for you. the fund's prospectus contains its investment objectives, risks, charges, expenses, and other important information and should be read and considered carefully before investing. for a current prospectus, visit etrade.com/mutualfunds. >>> this is going to be fun. back to "ha
what we need are people prepared for the careers of our new economy. by 2025 we could have 20 million jobs without enough college graduates to fill them. that's why at devry university, we're teaming up with companies like cisco to help make sure everyone's is ready with the know how we need for a new tomorrow. [ male announcer ] make sure america's ready. make sure you're ready. at devry.edu. ♪ some brokerage firms are. but way too many aren't. why? because selling their funds makes them...
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Feb 19, 2013
02/13
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MSNBC
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economists say the rapid increase poses a threat to our fragile economy. joining me now oil industry analyst cnbc contributor john killbuck, thanks for joining me. >> good to be here. >> i heard it's be the blend. we're getting ready to switch to the summer blend and this is why. is that a legitimate reason here? >> you know, normally in past years it would. there's a certain time of year where that's happening. but what's really happening here, the refining industry is doing what the airline industry is doing and that's reducing capacity really massively. we lost over a million barrels of refining capacity just to shutdowns over the last year now. >> why would they voluntarily do these shutdowns? >> believe it or not, they weren't making enough money for themselves and they decided to get out of the business. i'm fearful normally i can tell you why, it has to deal with cutbacks by opec. war issues. this time, it may be different. this time we may not see the price break in coming months that i'd expect to happen because of demand at the pump. with the ref
economists say the rapid increase poses a threat to our fragile economy. joining me now oil industry analyst cnbc contributor john killbuck, thanks for joining me. >> good to be here. >> i heard it's be the blend. we're getting ready to switch to the summer blend and this is why. is that a legitimate reason here? >> you know, normally in past years it would. there's a certain time of year where that's happening. but what's really happening here, the refining industry is doing...
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Feb 20, 2013
02/13
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they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> people standing with the president today are among those who will directly impacted by congress if they refuse to act. >> emergency responders, like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. border patrol agents will see their hours reduced. fbi agents will be furloughed. federal prosecutors will have to close cases and let criminals go. air traffic controllers and airport security will see cutbacks, which means more delays at airports across the country. >> and it doesn't stop there. we're talking thousands of teachers who are going to be laid off across america. there will be cuts to primary health care for hundreds of thousands of americans. preventative care, like cancer screenings are also going to be hit and taken off the list. i mean cuts to the military are also going
they will hurt our economy. they will add hundreds of thousands of americans to the unemployment roles. this is not an abstraction. people will lose their jobs. >> people standing with the president today are among those who will directly impacted by congress if they refuse to act. >> emergency responders, like the ones who are here today, their ability to help communities respond to and recover from disasters will be degraded. border patrol agents will see their hours reduced. fbi...
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Feb 16, 2013
02/13
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MSNBC
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these are the jobs that growing in our economy. you know. the good paying jobs of yesterday have gone and a lot of them are not coming back. the public sees all of this. and so they -- that's why they support raising the minimum wage by so much. where is the opposition? you know. it is with lawmakers. >> also, interest groups. >> yes. let me say i was doing a lot of reading on minimum wage and sort of where people fall on this. i could probably, you know, yesterday i saw -- talking to an economist who was telling me -- he's not really republican or democrat. he was just -- telling me that when you raise the minimum wage, then inflation goes up. then you raise the minimum wage and inflation goes up and you raise the minimum wage. i said well, how does that affect -- well, let's sma one working at mcdonald's, minimum wage, they pass the, you know, price on to the consumer. so -- again, i can -- we can probably get, you know, 50 economists on either side telling us why it is good or bad. then also businesses like you say -- >> you won't get a b
these are the jobs that growing in our economy. you know. the good paying jobs of yesterday have gone and a lot of them are not coming back. the public sees all of this. and so they -- that's why they support raising the minimum wage by so much. where is the opposition? you know. it is with lawmakers. >> also, interest groups. >> yes. let me say i was doing a lot of reading on minimum wage and sort of where people fall on this. i could probably, you know, yesterday i saw -- talking...
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Feb 17, 2013
02/13
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FOXNEWS
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the economy . that's what we want people to exercise and one of the things that made this a great and unique nation. in the book we talk about how they cross the lines and particularly from the regulatory agenciless and that just handed enormous power to a number of agencies . epa and fcc and national labor relations board and the president lost last month to us in the epa case and they lost in the lrb manner . that is what he is not baking off of. i don't see a slow down in the fight for liberty that the states are carrying on for the first four years of the administration as we head in the next four. >> they are stipulative of the regulations . they say he has to step in where congress is in grid lock. we need regulations to make sure we have clean air and safe roadways, so why not? >> that is contrary to why we have a congress and senate and why we have the house. they represent us, too. and as the president tried to say to the speaker, i won, get over it the speaker pointed out. we have a major
the economy . that's what we want people to exercise and one of the things that made this a great and unique nation. in the book we talk about how they cross the lines and particularly from the regulatory agenciless and that just handed enormous power to a number of agencies . epa and fcc and national labor relations board and the president lost last month to us in the epa case and they lost in the lrb manner . that is what he is not baking off of. i don't see a slow down in the fight for...
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Feb 17, 2013
02/13
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WMAR
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i couldn't imagine this economy and obama getting re-elected and that made me think if an airplane hits the mountain maybe you better buy new radar. >> quickly because i want to move on -- >> the republican party's technology problem is a little like its immigration problem. it's necessary but not sufficient for it to get up to speed on those things. it won't help it win. i think about the republican party like the old joke how many therapists does it take to change a lightbulb. the light bulb has to change. the republican party has to decide it wants to change. >> the dustup over chuck hagel and, george, the republicans delayed this. i don't understand what's going on. a lot who voted against having the vote said, no, no, i'll let it happen in two weeks. are the republicans playing it dangerous game by blocking hagel and brennan, defense and cia when they know that both of them are ultimately going to be confirmed. >> because they do know that and because most sensible republicans believe that a president is owed vast deference in picking his cabinet because the cabinet leaves when he
i couldn't imagine this economy and obama getting re-elected and that made me think if an airplane hits the mountain maybe you better buy new radar. >> quickly because i want to move on -- >> the republican party's technology problem is a little like its immigration problem. it's necessary but not sufficient for it to get up to speed on those things. it won't help it win. i think about the republican party like the old joke how many therapists does it take to change a lightbulb. the...
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Feb 21, 2013
02/13
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FBC
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this is $85 billion in net of three and half trillion dollar budget in the $16 trillion economy. i would be hard-pressed to explain how cutting 85 billion -- think of it as taking 85 billion out of your allowance of $3,800. eighty-five bucks out. as not going to end things. lou: percentages are, perhaps, the easiest way to comprehend this. 2 percent, you know, is not that significant. on the other hand, it is easy to recall that rat poison is mostly of meal in most cases with 2% poison in it. 2% can be deadly and destructive in some cases determined. go ahead. >> no one should argue this is a good idea. this is, as i was quoted, a bad idea whose time has come because the worse idea is to not deal with the spending. that is the problem. and at least they are agreeing that there not going to do nothing. so it is either do real spending cuts that are real choices and really passed the senate, which we have not seen passed the house. with this. lou: at some point, and i know that you are doing your level best to try to bring rationality into the nation. >> not my fault. lou: i unders
this is $85 billion in net of three and half trillion dollar budget in the $16 trillion economy. i would be hard-pressed to explain how cutting 85 billion -- think of it as taking 85 billion out of your allowance of $3,800. eighty-five bucks out. as not going to end things. lou: percentages are, perhaps, the easiest way to comprehend this. 2 percent, you know, is not that significant. on the other hand, it is easy to recall that rat poison is mostly of meal in most cases with 2% poison in it....
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Feb 19, 2013
02/13
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MSNBC
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this strong, his family only feeds him iams. compared to other leading brands, it has 50% more animal protein... ...to help keep ziggy's body as strong as a love that reaches further than anyone's words. iams. keep love strong. but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. he opened up jake's very private world. at first, jake's family thought they saved ziggy, but his connection with jake has been a lifesaver. for a love this...
WHUT (Howard University Television)
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Feb 21, 2013
02/13
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WHUT
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we believe in creating an economy that works for everyone. until we spend at the level necessary, that cannot happen. >> and the likelihood of that happening before march 1? parks highly doubtful. both sides are preparing for the public relations disaster. this is one of three crises coming over the next six weeks for budgets. there's a possible government shutdown at the end of march, and may 1, parts of the government could be shut down the lead to a downgrade and possibly to fall depending on how it is managed. we're in for a rough ride. the longer it goes on, the more entrenched both sides will be and the likelihood everything will come off the rails. >> imara jones, thank you for being with us, writing for colorlines, economic justice contributor at colorlines.com. he served in the clinton white house where he served on international trade policy. his piece is, "what's 'sequestration' mean in real life?" we will link to it on democracynow.org. as we move now to our last segment. >> we end today's show with a look at david versus goliath,
we believe in creating an economy that works for everyone. until we spend at the level necessary, that cannot happen. >> and the likelihood of that happening before march 1? parks highly doubtful. both sides are preparing for the public relations disaster. this is one of three crises coming over the next six weeks for budgets. there's a possible government shutdown at the end of march, and may 1, parts of the government could be shut down the lead to a downgrade and possibly to fall...
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Feb 17, 2013
02/13
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KGO
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his focus was on jobs and the economy. he has an interesting plan to grow the economy, and he laid it out. this is it. cash 4 gold. look how cool that duck is. how could you go wrong? >> did you see this photo just yesterday? lightning struck st. peter's basilica just hours after the pope announced his resignation and the pope said, i guess that's a no to getting paid for unused vacation days. look, every day we're using more and more energy. the world needs more energy. where's it going to come from? ♪ that's why right here, in australia, chevron is building one of the biggest natural gas projects in the world. enough power for a city the size of singapore for 50 years. what's it going to do to the planet? natural gas is the cleanest conventional fuel there is. we've got to be smart about this. it's a smart way to go. ♪ ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. ♪ waterloo >>> top ten things going
his focus was on jobs and the economy. he has an interesting plan to grow the economy, and he laid it out. this is it. cash 4 gold. look how cool that duck is. how could you go wrong? >> did you see this photo just yesterday? lightning struck st. peter's basilica just hours after the pope announced his resignation and the pope said, i guess that's a no to getting paid for unused vacation days. look, every day we're using more and more energy. the world needs more energy. where's it going...
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Feb 22, 2013
02/13
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CURRENT
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voters tend to blame the president's party if the economy's not working. so there's a kind of irresponsibility built into that. plus they're coming from the gerrymandered districts that are very safe, republican districts for the most part so the bulk of the republican congress won't even face any serious competition in another year and feel safe to do whatever they will. what's strange though is this is -- both parties are talking about inflicting austerity cuts, on an economy that is very weak. the president gains an advantage because he wants to do what is sensible which is some combination of tax hikes on the rich and sensible spending cuts. whereas republicans are simply going after the entitlement programs whenever they can. but what the problem is, we need a program to get the economy moving and to get the 20 million people in need of full-time work, back to work. and if we do that, that will bring down the deficit. if instead we start making these cuts in an economy that's already losing ground in the last quarter we're likely -- we could well put
voters tend to blame the president's party if the economy's not working. so there's a kind of irresponsibility built into that. plus they're coming from the gerrymandered districts that are very safe, republican districts for the most part so the bulk of the republican congress won't even face any serious competition in another year and feel safe to do whatever they will. what's strange though is this is -- both parties are talking about inflicting austerity cuts, on an economy that is very...
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of a global economic depression in the face of countries that are dependent upon petro dollars their economies sagging correia and his government decided instead of austerity to go with social spending and in particular massive investment in infrastructure in education and in health care all of which is designed to boost human capital and to boost the lives of the poor and the working class and so for that reason alone he's incredibly popular now of course we should also remember korea's oppositional stance to the united states and to u.s. imperialism korea's oppositional stance to multinational corporations such as chevron and other corporations which seek to exploit indigenous populations in places like ecuador so there's a number of populist aspects to korea and his administration that i think explain quite clearly why he's so popular and why you'll easily be elected to this new term well you mentioned his oppositional stance to the u.s. but there were seven other candidates in these elections still he is reportedly getting more than fifty percent of the vote most of those other candidates
of a global economic depression in the face of countries that are dependent upon petro dollars their economies sagging correia and his government decided instead of austerity to go with social spending and in particular massive investment in infrastructure in education and in health care all of which is designed to boost human capital and to boost the lives of the poor and the working class and so for that reason alone he's incredibly popular now of course we should also remember korea's...
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Feb 20, 2013
02/13
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MSNBC
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bargaining table and say how are we going to stabilize our debt so it isn't growing faster than our economy can grow. that means entitlement reform. it means tax reform. everybody knows that. and we've got to get back to it. >> the president said that he's in favor of entitlement reform. he has been specific about dealing with medicare and some aspects of retirement, but has he been specific enough? i'm going to ask you about taxes in a minute, but from the president and the white house's perspective, as he put enough out there on the table to reel in the republicans and get them to negotiate seriously? >> well, i hope so. he's put some things on the table that his own troops didn't like, which is absolutely necessary. he had to do that to show that he was serious. one thing is the reform of the consumer price index, which is really a technical adjustment, but it would mean slightly lower social security benefits and other benefits going forward. now, you could offset that with other changes in the law, but it is the right thing to do. and his own troops were kind of unhappy about that, but
bargaining table and say how are we going to stabilize our debt so it isn't growing faster than our economy can grow. that means entitlement reform. it means tax reform. everybody knows that. and we've got to get back to it. >> the president said that he's in favor of entitlement reform. he has been specific about dealing with medicare and some aspects of retirement, but has he been specific enough? i'm going to ask you about taxes in a minute, but from the president and the white house's...
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Feb 19, 2013
02/13
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CSPAN
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it is a self-inflicted wound on the economy. there are ample ways to do this that democrats have put forward legislation that would postpone the sequester until the end of the year in a balanced way. we have done this before a few months ago. republicans supported it then. there is no reason why we cannot do it again to allow congress the time to work on the regular led to torry -- legislative process. >> but it is a question of why the staff is not in communication with the top republicans in the senate on the issue. >> we are in regular communication on a variety of topics. i do not have any calls or communications to read out, but this is not complicated. the broader issue of further deficit reduction in a balanced way will require time. that is why it is important that congress moves forward with a temporary postponement of the sequester. the consequences of not doing that would be catastrophic. >> should the sequester take effect, i know the president and the government have outlined some severe consequences, good the econo
it is a self-inflicted wound on the economy. there are ample ways to do this that democrats have put forward legislation that would postpone the sequester until the end of the year in a balanced way. we have done this before a few months ago. republicans supported it then. there is no reason why we cannot do it again to allow congress the time to work on the regular led to torry -- legislative process. >> but it is a question of why the staff is not in communication with the top...
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into kinds a report on our. people don't understand what the european union.
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into kinds a report on our. people don't understand what the european union.
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is for us of a game changer and it's going to be very important russia is very large economy it's a very important presence in the world of energy it's a very important presence in all these international fora accent and so we really are very interested very excited about the bus ability of having as a member and i think russia can benefit also from being in an institution that is not about lending money is not about giving grants it's not about the fixing economies that are not broken it's about policy discussions about what are the best possible policies and therefore what can be the best practices. that russia can adopt we're not going to tell russia what to do with russia we're going to develop the russians what other countries in the world are doing about the same problem of health care the same problem of education the same problem with innovation the same problem with research and development the same problem with the tax structures the same problem with the deficit whatever you just mentioned taxation and that's definitely one of the big issues that you're working on in particula
is for us of a game changer and it's going to be very important russia is very large economy it's a very important presence in the world of energy it's a very important presence in all these international fora accent and so we really are very interested very excited about the bus ability of having as a member and i think russia can benefit also from being in an institution that is not about lending money is not about giving grants it's not about the fixing economies that are not broken it's...
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Feb 20, 2013
02/13
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MSNBCW
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but it is a huge, huge threat to our economy and our livelihoods. a senior defense official said, in the cold war we were focused around the command centers in moscow, it's fair to say we worry as much about the computer servers in shanghai. we have to leave it there. >> happy note. >> yeah, our macs are not safe. among other things. thank you to my panel today, howard, joy, maggie, and jared. that is all for "now." i'll see you back here tomorrow at noon eastern, 9:00 pacific. until then, you can find us at facebook.com/nowwithalex. "andrea mitchell reports" is next. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. at liberty mutual insurance, we understand. that's why our auto policies come with accident forgiveness if you qualify, where your rates won't go up due to your first accident, and new car replacement, where, if you total your new car, we give you the money for a new one. call... to talk to an insurance expert about everything else that comes standard with our base auto policy. and if
but it is a huge, huge threat to our economy and our livelihoods. a senior defense official said, in the cold war we were focused around the command centers in moscow, it's fair to say we worry as much about the computer servers in shanghai. we have to leave it there. >> happy note. >> yeah, our macs are not safe. among other things. thank you to my panel today, howard, joy, maggie, and jared. that is all for "now." i'll see you back here tomorrow at noon eastern, 9:00...
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Feb 18, 2013
02/13
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road if there are huge economic damages -- i mean, we don't really know what's going to happen to the economy if the sequester stays in place. the theory is it's going to be pretty bad. congress could back fill some of those cuts april or may or down the road, could dump them a little bit more money to the pentagon and try to offset some of the damages. right now we really don't know, and there's really no one that has proposed anything that could pass both chambers at this point. >> jake sherman, thank you very much. good to see you. >> with our politico briefing. coming up next, to the vatican. s will the vatican now fast track the election of the new pope? we're live in rome next. ann thompson coming up right here on "andrea mitchell reports." [ male announcer ] here's a word you should keep in mind. unbiased. some brokerage firms are. but way too many aren't. why? because selling their funds makes them more money. which makes you wonder -- isn't that a conflict? search "proprietary mutual funds." yikes! then go to e-trade. we've got over 8,000 mutual funds, and not one of them has our nam
road if there are huge economic damages -- i mean, we don't really know what's going to happen to the economy if the sequester stays in place. the theory is it's going to be pretty bad. congress could back fill some of those cuts april or may or down the road, could dump them a little bit more money to the pentagon and try to offset some of the damages. right now we really don't know, and there's really no one that has proposed anything that could pass both chambers at this point. >> jake...
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Feb 21, 2013
02/13
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FOXNEWSW
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economy don't really pay any income tax. by the time they get their refund. i mean, they're not paying. >> and, but they-- anyone entitled to a refund for the government to be so incompetent not to get that done. that's my complaint and you're talking about a whole different thing. if someone's got a refund coming and lawfully applied for it. he or she should get it and not have an incompetent government drag that out. >> you would think that are they are so good at spending money they'd pay it back. but overall government is killing business here and coming in on knocking on the door to tell business what it's doing wrong and if our economy comes back, it's not going to be on the backs of the poor and not because the poor starts spending, it's because business starts investing again and capitalism is optimism. and monetarize, we keep thinking of bad things that are going to happen. >> greta: thank you. >> thank you, greta. >> thank you, greta. >> greta: and more than two years ago, the people of bp made a commitment to the gulf. and every day since, we've wo
economy don't really pay any income tax. by the time they get their refund. i mean, they're not paying. >> and, but they-- anyone entitled to a refund for the government to be so incompetent not to get that done. that's my complaint and you're talking about a whole different thing. if someone's got a refund coming and lawfully applied for it. he or she should get it and not have an incompetent government drag that out. >> you would think that are they are so good at spending money...
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that slows the economy. that makes the job market worse. we need jobs obviously. if the president says yes, go ahead and build the pipeline, you do get jobs. so that's the connection between the pipeline debate, rising gas prices and jobs. it's not that building a pipeline would necessarily bring the price of gas down in the near term. it almost certainly would not. that if you build the pipeline you create jobs that make up for the slowing economy because of high gas prices. circular argument but that's the way it is. jamie: the pushback clearly is in his campaign and inaugural speech he promised clean energy and green-friendly jobs and this could potentially stop him from doing the pipeline. >> well, i don't know about that but, you got to ask, why are gas prices going up right now? the answer has nothing to do with the pipeline. the answer is refineries with very tight supplies of gasoline coming onto the market, refineries are closing for maintenance and closing so that they can switch over to the summer blend of gasoline which we start using in a couple of we
that slows the economy. that makes the job market worse. we need jobs obviously. if the president says yes, go ahead and build the pipeline, you do get jobs. so that's the connection between the pipeline debate, rising gas prices and jobs. it's not that building a pipeline would necessarily bring the price of gas down in the near term. it almost certainly would not. that if you build the pipeline you create jobs that make up for the slowing economy because of high gas prices. circular argument...
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that's so extreme and so militant that there is not any room in it for the private development of the economy and jobs. i think the original founders of the sierra club would be appalled. >> paul: james. >> big miss to the olympic committee, this is the year not the millennium. dropping wrestling from the olympic, man's oldest sport and keeping badminton, ping-pong, synchronized swimming. synchroniz synchronized swimming's main contribution for a "saturday night live" kit. >> mary. >> a hit to florida senator marco rubio who turned his sweaty, walk ward swig of water during the state of the union response so-called gulp-gate into a political asset making fun of himself and posted a photo of a water bottle on twitter gained thousands of followers, in the instant politics and a little humor can go a long way. >> paul: see if it helps him along the way. if you have your hit or miss send it to us at jer@foxnews.com and twitter@jer on fnc. i'm paul gigot, we hope to see you here next week. >> jon: a week full of news, north korea tests a nuclear bomb. pope benedict called it quits, a historic move
that's so extreme and so militant that there is not any room in it for the private development of the economy and jobs. i think the original founders of the sierra club would be appalled. >> paul: james. >> big miss to the olympic committee, this is the year not the millennium. dropping wrestling from the olympic, man's oldest sport and keeping badminton, ping-pong, synchronized swimming. synchroniz synchronized swimming's main contribution for a "saturday night live" kit....
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. >>> many japanese were starting to feel optimistic about the future of the nation's economy with the new prime minister, but prices at the pump are putting a damper on things. ron madison is here with the latest on that. >> it is times like these when i'm glad i don't have a car, but people like you and other drivers are feeling the pinch now because gas prices have been increasing for at least the past two months now. japanese government surveys asked questions of major wholesalers about the higher retail prices of gasoline and kerosene. the agency is concerned about excessive prizes caused by the weaker yen to push-up the cost of natural imports. the energy agency officials summoned executives of oil wholesalers on thursday asking executives about their company's cost for crude oil imports, the volume of gasoline shipments as well as inventories. now the average retail price of regular gasoline climbed for an 11th straight week. the price of kerosene has also risen for a 12th week in a row. the president of the japanese oil wholesalers organization says he will instruct member comp
. >>> many japanese were starting to feel optimistic about the future of the nation's economy with the new prime minister, but prices at the pump are putting a damper on things. ron madison is here with the latest on that. >> it is times like these when i'm glad i don't have a car, but people like you and other drivers are feeling the pinch now because gas prices have been increasing for at least the past two months now. japanese government surveys asked questions of major...